With historical vacancy factored in, that will likely be more like $143,000 rent topline, not including seasonal A/C surcharge revenue, plus about $1,520 in laundry revenue.Expenses: Total operating expenses are running about $59,200, before depreciation or mortgage expense, and not including the offsite property manager role (me doing screening, etc).

Learn how to to screen and select a quality property manager that won't cheat you or mismanage your property (they do exist).

with the market flat, contractors booked up, materials expensive and tremendous competition for deals it is very, very difficult for a new investor at this time.i've used hard money and also bought with cash and then financed the rehab.

When I click the cancel button on screen, nothing happens.

How should I screen the agent who might partner with me on this deal?

I will screen and background them as I do all new tenants but looking for some advice as to whether it is advisable to add a non-financially responsible tenant to the lease.

I understand there are many requirements for the property and I would be extremely strategic in the property and screening tenants. 

We are on the minimum plan with four rentals and don't see the value in paying $180 a year to collect rents, payout rents more than a week later, and screen tenants when we have turnover. 

It varies from county to county on how they handle it and some give great exemptions or a flat reduction to value. 

I’d also ask how it’s structured - typically they are tiered (5/4/3/2/1) but I’ve seen some flat prepays as well, meaning the % of the penalty doesn’t decline during the prepay period.